FORWARD INDUSTRIES INC
FWDINASDAQTrading Snapshot
- Day Range
- $7.90 β $8.15
- 52-Week Range
- $3.48 β $30.32
- Volume
- $2.84B
- Avg Volume
- $2.77B
- Shares Outstanding
- 73.8M
- Next Earnings
- Nov 6, 2026
Fundamentals Snapshot
- Annual Revenue
- $18M
- Last Q Revenue
- $11M
- P/E Ratio
- -0.7
- P/S Ratio
- 11.2x
- EPS (TTM)
- $-12.71
- Dividend Yield
- 0.00%
- Dilution (1yr)
- +800.0%
Why Investors Own FWDI
- βHigh-growth profile β revenue up +40.6% YoY with expanding US Equity exposure.
- βHealthy economics β 37% gross margin and 7% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
FORWARD INDUSTRIES INC
FWDIAbout FORWARD INDUSTRIES INC
Forward Industries, Inc., together with its subsidiaries, provides hardware and software product design and engineering services primarily in the United States. The company operates through Design and Digital Assets segments. It offers design, engineering, and development services for consumer and industrial electronics products, such as medical products, smart displays, beverage vending, enterprise and mobile software applications, lighting, security and detections systems, cameras, wearables, and vehicle controls. The company also provides electrical, mechanical, software, and optical engineering services; industrial design and user experience/user interface design and development; and program management, IoT system architecture, and IT support services. Forward Industries, Inc. was incorporated in 1961 and is based in Hauppauge, New York.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Ratings
βLatest News & Updates

Forward Industries Completes $25 Million Registered Direct Offering with an Institutional Investor
Proceeds to Expand SOL Holdings and Accelerate SOL Per Share Growth AUSTIN, TX, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the βCompanyβ or βForwardβ), the leading Solana treasury company

Forward Industries shares fall after $25 million share offering
Shares of Forward IndustriesΒ (NASDAQ: FWDI),Β the Solana-focused digital asset treasury company,Β areΒ trading more than 4% lower at $8.21 in mid-morning trading on Wednesday after theΒ company announced a $25 million regist

UPDATE: Forward Industries Announces $25 Million Registered Direct Offering with Institutional Investor
Company Intends to Use Proceeds to Acquire SOL AUSTIN, TX, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or "Forward"), the leading Solana treasury company, today announced tha

Forward Industries Announces $25 Million Registered Direct Offering with Institutional Investor
Company Intends to Use Proceeds to Acquire SOL AUSTIN, TX, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or "Forward"), the leading Solana treasury company, today announced tha

Forward Industries' SOL Holdings Rise to Approximately 8.16 Million SOL
AUSTIN, TX, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the βCompanyβ or βForwardβ), the leading Solana treasury company, today provided an update on its SOL treasury holdings.

Critical Survey: Onity Group (NYSE:ONIT) & Forward Industries (NASDAQ:FWDI)
Onity Group (NYSE: ONIT - Get Free Report) and Forward Industries (NASDAQ: FWDI - Get Free Report) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the